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Flash Summary
Last five Flashes
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E-Malt.com Flash 42b
October 15 - October 18, 2020
Quote of the Week
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Blaise Pascal
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Currency Rates
Base Currency: Euro
on October 16, 2020 |
Base Currency: US Dollar
on October 16, 2020 |
| |
1 EUR = 1.1719 USD
1 EUR = 0.9048 GBP
1 EUR = 1.5465 CAD
1 EUR = 1.6509 AUD
1 EUR = 123.4100 JPY
1 EUR = 6.5629 BRL
1 EUR = 91.4132 RUB
1 EUR = 7.8864 CNY
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1 USD = 0.8532 EUR
1 USD = 0.7720 GBP
1 USD = 1.3197 CAD
1 USD = 1.4086 AUD
1 USD = 105.3100 JPY
1 USD = 5.6003 BRL
1 USD = 78.0060 RUB
1 USD = 6.7298 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 16, 2020 |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
182.00-184.00 |  1.10% |
| 6RW Malting Barley (FOB Creil) |
178.00-180.00 | 1.13% |
| Feed Barley (FOB Creil) |
178.00-180.00 | 2.87% |
| 2RS Malt (FOB Antwerp) |
378.00-380.00 | 0.65% |
| 6RW Malt (FOB Antwerp) |
373.50-375.50 | 0.66% |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
188.00-190.00 |  |
| 6RW Malting Barley (FOB Creil) |
178.00-180.00 | |
| 2RS Malt (FOB Antwerp) |
385.50-387.50 | |
| 6RW Malt (FOB Antwerp) |
373.50-375.50 | |
German Malting Barley
Crop 2020
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
163.50-165.50 | 0.39% |
Danish Malting Barley
Crop 2020
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,154.00-1,156.00 |  1.70% |
| Malting Barley (West) |
1,154.00-1,156.00 | 1.70% |
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No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
World: January-August beer production down in China, Germany, the US, and Russia
...Click here
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Russia: September beer production drops as compared to August but increases versus September 2019
...Click here
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EU: Barley production forecast at 54.959 mln tonnes in 2020/21
...Click here
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Australia: Australia’s barley industry concentrated on world markets
...Click here
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China: China’s feed needs seen 10% up from last year
...Click here
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UK: Marston’s reveals plans to cut about 2,150 jobs
...Click here
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Graph of the week
Table of the week
Canada Barley Supply and Disposition as of September 2020
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
15 October
1878 - Edison Electric Light Company incorporated
1908 - John Kenneth Galbraith is born, economist, Affluent Society-58 Hillman Award
1993 - Amstel brewery on Curacao produces 1,000,000,000th bottle
16 October
1922 - Disney Co founded
1923 - John Harwood patents self-winding watch (Switzerland)
1985 - Intel introduces 32-bit 80386 microcomputer chip
17 October
1929 - Radio Corporation of America is formed by General Electric Co. lawyer Owen D. Young
1977 - Mother Teresa of India awarded Nobel Peace Prize
1987 - Phillip Morris announces $11 billion tender offer for Kraft
18 October
1878 - Edison makes electricity available for household usage
1954 - Texas Instruments announces the first Transistor radio
1972 - American Congress authorizes bi-centennial quarter, half-dollar & dollar coin
1973 - Nobel Prize for economy awarded to Wassily Leontief
Agenda
October 2020:
14 - 16: Expo Antad & Alimentaria Mexico 2020 (Expo Guadalajara, Mexico)
16 - 17: Great American Beer Festival 2020 (Online)
19 - 20: Planete Biere 2020 (Paris, France)
21 - 24: Beer 2020 (Sochi, Russia)
26 - 28: 107 Brewing and Engineering Conference 2020 (Leipzig, Germany)
30 - 05 November: Brussels Beer Challenge 2020 (Brussels, Belgium)
November 2020:
10 - 12: Brau Beviale 2020 (Nuremberg, Germany)
11 - 11: European Beer Star 2020 - Award Ceremony & Winners' Night (Munich, Germany)
18 - 22: Mondial de la Biere Rio 2020 (Online)
20 - 21: Beervana 2020 (Wellington, New Zealand)
25 - 27: Drink Japan 2020 (Tokyo, Japan)
26 - 29: Stockholm Beer & Whiskey Tastings 2020 (Stockholm, Sweden)
December 2020:
09 - 11: Drink Technology India 2020 (Mumbai, India)
February 2021:
05 - 07: Finest Spirits 2021 (Munich, Germany)
09 - 13: Great British Beer Festival Winter 2021 (The New Bingley Hall, Birmingham, UK)
11 - 15: HoReCa 2021 (Athens, Greece)
12 - 14: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
21 - 24: Beer & Food Attraction 2021 (Rimini, Italy)
March 2021:
02 - 04: Beviale Mexico 2021 (Centro Citibanamex, Mexico City)
10 - 13: Festival Brasileiro da Cerveja 2021 (Blumenau, Brazil)
23 - 25: Beviale Moscow 2021 (Moscow, Russia)
29 - 01 April: Craft Brewers Conference & BrewExpo America 2021 (San Diego, California, USA)
April 2021:
08 - 10: Zurich Bier Festival 2021 (Zurich, Switzerland)
17 - 18: Zythos Beer Festival 2021 (Leuven, Belgium)
30 - 01 May: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
20 - 23: Mondial de la Biere 2021 (Montreal, Canada)
27 - 29: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)
June 2021:
13 - 15: Bangkok Brewing Conference 2021 (Bangkok, Thailand)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)
July 2021:
13 - 15: Fdt Africa 2021 (Midrand, South Africa)
August 2021:
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
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Brewery News
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World: January-August beer production down in China, Germany, the US, and Russia
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China’s August beer output was 37.8 mln hl, whereas in January-August it totalled 249.7 mln hl, minus 7.9% y/y, H. M. Gauger GmbH said
...More info on site
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Russia: September beer production drops as compared to August but increases versus September 2019
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Russia’s September beer production dropped by 19.6% versus August, Profibeer reported on October 16 citing Rosstat data.
However, compared to September 2019, the output increased
...More info on site
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UK: Marston’s reveals plans to cut about 2,150 jobs
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Brewery and pub giant Marston's has revealed plans to cut about 2,150 jobs because of the ongoing impact of the Covid-19 pandemic, the Insider Media reported on October 15.
The Wolverhampton-headquartered company's chief executive Ralph Findlay said the move was an "inevitable consequence of the limitations placed upon our business".
The news comes in a trading update to the London Stock Exchange for the 53 weeks to 3 October 2020, days after its £780 mln joint venture with Carlsberg UK was cleared by the CMA.
The update has revealed that the company's group sales totalled £821m, 30 per cent below the prior year while total pub sales were £515 mln, a 34 per cent drop due to the Covid-19 lockdown and the disposal of 168 pubs for £61 mln in the first half.
Marston's Beer Company's sales were £306 mln, 22 per cent down, but off trade volumes were up 23 per cent.
Findlay said: "This year has been testing on many fronts, predominantly from having to navigate the consequences of Covid-19.
"Trading has been difficult, but to operate at 90 per cent of last year on a like-for-like basis is better than our forecast, ahead of the market and a highly creditable result.
"In part, this
...More info on site
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UK: Heineken fined for breaching UK pubs code
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Heineken has been fined £2 mln ($2.5 mln) in the UK for forcing pubs it owned to sell “unreasonable levels of Heineken beers and ciders”, Yahoo Sports reported on October 15.
The Dutch brewing giant was handed the fine on October 15 by the UK’s Pubs Code Adjudicator, an ombudsman set up to oversee the Pubs Code. The adjudicator also released a damning report alongside the judgement, calling Heineken a “repeat offender.”
Heineken rejected the findings and said it was considering appealing against the fine.
The Pubs Code, which came into force in 2016, legislate for how pub owners with more than 500 establishments should treat landlords. Heineken’s fine is the first financial penalty imposed by the Pubs Code Adjudicator.
“The report of my investigation is a game changer,” adjudicator Fiona Dickie said in a statement. “It demonstrates that the regulator can and will act robustly to protect the rights that parliament has given to tied tenants.”
Dickie investigated how Heineken’s pub company subsidiary, Star Pubs and Bars, treated its tenants between 2016 and 2019.
Pubs can be either tied or untied to a brewery. Tied pubs agree to stock a certain amount of a brewery’s beer. Untied pubs — or free houses — can stock
...More info on site
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Barley News
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EU: Barley production forecast at 54.959 mln tonnes in 2020/21
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EU Commission’s Barley Supply and Demand Balance of September 24, 2020, forecasts the EU-27 2020/21 barley production at 54.959 mln tonnes versus 55.102 mln
...More info on site
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Australia: Australia’s barley industry concentrated on world markets
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China black-listed CBH of Perth, the No. 1 barley shipper of Australia for any barley deliveries to China, for reasons of weed admixtures in
...More info on site
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China: China’s feed needs seen 10% up from last year
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China had sold the bulk of its national corn reserves over the past years. The African swine fever destroyed a large part of its pork production. Although the government talks of a good crop, there are other reports of flood damage in the south and storm damage in the north, H. M. Gauger GmbH reported earlier in October.
The nation’s feed needs are seen 10% up from last year. In early September, the USDA estimated the Chinese imports in 2020/21 as follows: 99.0 mln tonnes of soybeans, 7.0 mln tonnes each of wheat and corn, 5 mln tonnes of barley, and 6.1 mln tonnes of sorghum; by now the estimates are considered much too low.
China already bought 10 mln tonnes of corn in the U.S., further U.S. sales of 3.4 mln tonnes to “unknown destinations” will probably go to China as well; total corn purchases for the crop year are seen between 20 and 30 mln tonnes (from the US., Ukraine and South America). Import numbers of wheat, barley and sorghum will be larger as well.
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